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<p>[QUOTE=&quot;GDJMSP, post: 1710520, member: 112&quot;]The conclusion that a reasonable person should draw is just what the title of the article says - </p><p><br /></p><p>Coins are Not Investments; They are Assets and Collectibles to Be Enjoyed</p><p><br /></p><p>What your comments are suggesting is that because there are exceptions to the rule that the rule is not true. But that is not the case at all. Exceptions do not disprove the rule because they are in fact exceptions. Just about any rule, no matter what the subject matter is, has exceptions. But that doesn&#039;t mean the rule isn&#039;t true. </p><p><br /></p><p>But I will agree that there should be 1 more word in that title to help stem the tide of arguments and disagreements with the premise of the article. It should read - Coins Are Not Good Investments .............</p><p><br /></p><p>Think of it like this. If you buy a hundred coins and then at some point in the future you sell those hundred coins and you lose money on 90 of them, sell them for less than you paid for them. And you make money on 10 of them. And that happens consistently, time after time after time. </p><p><br /></p><p>What is the rule ?</p><p><br /></p><p>A reasonable person would deduct that the rule is that you will lose money on coins, that coins are not a good investment. </p><p><br /></p><p>Now a person who wants to believe that coins are good investments will point to the exceptions and say that the rule is not true. But the very idea of an investment is that you will gain monetarily from it, that you will show a profit. That is what makes it an investment. But if you know in advance that 9 out of 10 times that you are going to lose money on a coin you buy, how can any reasonable person look at that coin and say it is an investment ?</p><p><br /></p><p>That is what the author is trying to say. And he is trying to say that because the statement is true and it has been proven true time after time after time. 9 out of 10, maybe even more, collectors lose money when their coins are eventually sold.</p><p><br /></p><p>What I find somewhat interesting is that no one seems to have noticed, or at least not commented on, a particular 2 sentences in that article - </p><p><br /></p><p><i>&quot;I strongly agree that far too many coin dealers and other involved in selling U.S. coins make exaggerated claims about the future price potential of the items they are selling. This was, in fact, at the heart of recent lawsuits stemming from hard sale tactics by certain coin companies that resulted in multi-million dollar settlements and new FTC regulations on coin buying last year.&quot;</i></p><p><i><br /></i></p><p>Now this is what happened after the coin market craze of the late &#039;80s. Many people had been hyping coins as investments and making outrageous claims in the &#039;80s. And the coin market reached truly lofty heights, that it has never since even come close to approaching again, only to fall off a cliff and drop just as fast as someone who did fall off a cliff. Once that happened lawsuits sprung up all over the place, settlements were paid, and coin dealers were forbidden from using words like investment when trying to sell their wares.</p><p><br /></p><p>Well, it&#039;s happening again.</p><p><br /></p><p>If you wish to know what those new FTC rules are in regard to coins click on this link - </p><p><br /></p><p><a href="http://business.ftc.gov/documents/bus27-complying-telemarketing-sales-rule" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://business.ftc.gov/documents/bus27-complying-telemarketing-sales-rule" rel="nofollow">http://business.ftc.gov/documents/bus27-complying-telemarketing-sales-rule</a></p><p><br /></p><p>- once on that page hit Ctrl+F on your keyboard and type in the words - investment opportunity - in the dialogue box that pops up. Then scroll through all 5 of the listings.[/QUOTE]</p><p><br /></p>

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